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McDonald's Rebound Gains Steam


McDonald's Rebound Gains Steam

McDonald's (NYSE: MCD) has found a way to turn fast food into even faster profits. The burger chain announced third-quarter earnings this week that included a 55% earnings spike as its growth rebound gained momentum.

Let's dig into the results.

Sales growth took a step back from the prior quarter. But that's not much of a knock against the business, considering Mickey D's in late July announced its best comparable-store sales gain in over five years. This week's 6% comps growth was just slightly below that quarter's 6.6% jump.

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Source: Fool.com

McDonalds Corp. Stock

€231.60
-0.540%
The price for the McDonalds Corp. stock decreased slightly today. Compared to yesterday there is a change of -€1.250 (-0.540%).
With 61 Buy predictions and 1 Sell predictions McDonalds Corp. is one of the favorites of our community.
With a target price of 292 € there is a positive potential of 26.08% for McDonalds Corp. compared to the current price of 231.6 €.
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